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Author Question: A drilling rig purchased by Challenge Industries should last 7 years. The purchase price was 82,500. ... (Read 126 times)

D2AR0N

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on: Jun 24, 2018
A drilling rig purchased by Challenge Industries should last 7 years. The purchase price was 82,500. Shipping costs were 1,567. The trade-in value is 17,870. Prepare a depreciation schedule using the 150 declining balance method, then enter the accumulated depreciation at the end of year 6 as your answer. (Round the declining balance rate to 4 decimal places, and all dollar amounts to the nearest cent)
 A) 64,289.74
  B) 56,740.29
  C) 81,064.61
  D) 75,823.19

Question 2

What word is represented by the abbreviation: gro


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izzat

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

gross


D2AR0N

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

31809pancho

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Reply 3 on: Yesterday
Wow, this really help

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